1417 E 500 North RdPanaIL62557
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $726/mo, and a $976/mo payment. Purchase price stands at $199,500, and rental yield measures 4.37% with $726/mo rent. Return on cash invested shows 7.98% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 39.87% and total cumulative return in cash records $26,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $726/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1915
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62557, Pana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,213 (62.7%) |
| Renter Occupied HU | 743 (21.1%) |
| Vacant Housing Units | 571 (16.2%) |
| Median Home Value | $114,822 |
| Average Home Value | $143,717 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,893
Multi-Family
177
Businesses
247
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